Strategic Procurement Manager

1 day ago

Bengaluru, Karnataka, India beBeeStrategic Full time ₹ 80,00,000 - ₹ 1,20,00,000
Job Title: Strategic Procurement Manager

This role oversees and leads procurement processes, ensuring alignment with project goals, financial management, and vendor relationships.

Key Responsibilities:

  • Design effective control mechanisms for the procurement process.
  • Review and optimize the design and operating effectiveness of those controls.
  • Ensure no non-compliance issues on the procurement process during audits.
  • Lead budget approvals and allocations for projects, ensuring alignment with organizational financial objectives.
  • Generate and manage work orders in accordance with approved budgets and track expenditures against project forecasts.
  • Ensure work orders comply with organizational policy and applicable laws and regulations.
  • Proactively manage project costs and provide timely reports on budget variances to senior leadership.
  • Collaborate with Treasury to forecast project-related payments and contribute to cash flow planning.
  • Oversee the creation and management of Project codes in SAP, ensuring data accuracy and consistency across systems.
  • Deliver comprehensive and actionable MIS reports, including work order status, cash flow projections, PO tracking, and payment certifications, to the Finance and Treasury teams.
  • Serve as the primary liaison between vendors and internal teams, maintaining clear and transparent communication channels.
  • Ensure compliance with all CLRA regulations for subcontractors and take corrective actions in case of deviations.
  • Provide strategic recommendations to improve procurement efficiency and cost management.

Qualifications and Work Experience:

  • A CA qualification or post-graduate degree equivalent with 8-10 years of relevant experience in procurement or financial management.
  • At least 8 years of experience in a procurement leadership role within the construction or real estate sectors.
  • Strong experience in managing procurement functions, financial planning, and team leadership.

Knowledge, Skills and Competencies:

  • Proven ability to manage complex procurement functions and budgets at a senior level.
  • Excellent interpersonal, communication, and presentation skills with a focus on stakeholder management.

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